$TSM Taiwan Semiconductor Manufacturing WYCKOFF
$TSM Taiwan Semiconductor Manufacturing Company Ltd. completed a clear as day WYCKOFF distribution TOP.
Currently it is sitting on major support. Losing this $76 area would be bearish to $60 because there isn't much support below $76 to hold it up.
$TSM is GAP city (Gaps are marked in Red), big gap below Support and many gaps above.
So far, this stock has not shown any signs of reversal, however $TSM is a giant in chip manufacturing. TSM makes $aapl chips and with ongoing shortages they are well positioned for advantage as these tech giants add autonomous driving to their business plans. Financially they are well positioned for growth in the years to come.
Currently it is sitting on major support. Losing this $76 area would be bearish to $60 because there isn't much support below $76 to hold it up.
$TSM is GAP city (Gaps are marked in Red), big gap below Support and many gaps above.
So far, this stock has not shown any signs of reversal, however $TSM is a giant in chip manufacturing. TSM makes $aapl chips and with ongoing shortages they are well positioned for advantage as these tech giants add autonomous driving to their business plans. Financially they are well positioned for growth in the years to come.